Excellent income-producing opportunity in prime Los Angeles location! This triplex features a versatile unit mix, including a large front unit with 6 total bedrooms and 3 bathrooms across two levels, plus a newer (2005) rear unit offering 4 bedrooms and 2 bathrooms. The property also features a large on-site parking area with space for up to 8 vehicles, a rare and valuable amenity in this area that adds significant convenience for tenants and enhances rental appeal. Prime location near BMO Stadium and University of Southern California, with easy access to Los Angeles Memorial Coliseum and Natural History Museum of Los Angeles County. Ideal for investors seeking a centrally located income property.
For sale
$1,600,000
602 W 40th Pl, Los Angeles, CA 90037
10beds
5baths
3,692sqft
Multi Family
Built in 1908
-- sqft lot
$1,537,000 Zestimate®
$433/sqft
$-- HOA
What's special
- 88 days |
- 30 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Julio Villatoro DRE # 02015957 818-431-1465,
Keller Williams Realty A.V. 661-538-2800
Source: CLAW,MLS#: 26726743
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- None
Cooling
- None
Appliances
- Included: Range/Oven
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 3,692
- Total interior livable area: 3,692 sqft
Property
Parking
- Total spaces: 8
- Parking features: Other, Parking Space
Features
- Levels: Two,Multi/Split
- Stories: 2
Lot
- Size: 6,751 Square Feet
Details
- Additional structures: None
- Parcel number: 5019023004
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1908
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $433/sqft
- Tax assessed value: $656,872
- Annual tax amount: $8,433
- Date on market: 4/24/2026
Estimated market value
$1,537,000
$1.46M - $1.61M
$2,771/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $1,600,000+6.7%$433/sqft |
Source:  CLAW #26726743 Report a problem | ||
| 10/1/2022 | Listing removed | -- |
Source:  GAVAR #22002692 Report a problem | ||
| 3/28/2022 | Listed for sale | $1,499,9000%$406/sqft |
Source: GAVAR #22002692 Report a problem | ||
| 9/25/2021 | Listing removed | -- |
Source:  SDMLS #DW21154419 Report a problem | ||
| 7/21/2021 | Listed for sale | $1,500,000+689.5%$406/sqft |
Source: SDMLS #DW21154419 Report a problem | ||
| 3/19/1996 | Sold | $190,000+118.4%$51/sqft |
Source: Public Record Report a problem | ||
| 9/18/1995 | Sold | $87,000-27.3%$24/sqft |
Source: Public Record Report a problem | ||
| 5/23/1995 | Sold | $119,657$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,433 +1.8% | $656,872 -31.5% |
| 2024 | $8,282 -30% | $958,786 +2% |
| 2023 | $11,831 +4.7% | $939,991 +2% |
| 2022 | $11,295 +55.2% | $921,565 +60.3% |
| 2021 | $7,279 -0.9% | $574,915 +1% |
| 2020 | $7,347 | $569,023 +2% |
| 2019 | $7,347 +4.2% | $557,871 +0.4% |
| 2018 | $7,055 | $555,562 +2% |
| 2017 | $7,055 +2.1% | $544,434 +2% |
| 2016 | $6,908 +2.8% | $533,760 +1.5% |
| 2015 | $6,719 +0.8% | $525,743 +2% |
| 2014 | $6,665 | $515,446 +2.5% |
| 2012 | -- | $503,057 +2.5% |
| 2009 | -- | $490,673 +2% |
| 2008 | -- | $481,053 +2% |
| 2007 | -- | $471,622 +27.6% |
| 2006 | -- | $369,575 +13.5% |
| 2005 | -- | $325,485 +46.6% |
| 2004 | -- | $221,999 +1.9% |
| 2003 | -- | $217,931 +2% |
| 2002 | -- | $213,659 +4% |
| 2000 | -- | $205,364 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 7/10Menlo Avenue Elementary SchoolGrades: K-8Distance: 0.4 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.5 mi
- 2/10Barack Obama Global Preparation AcademyGrades: 6-12Distance: 1.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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